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Power2SME signs MoU with Haryana govt to strengthen e-commerce linkages for MSMEs

Updated: Feb 12, 2021 07:10:24am
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Power2SME signs MoU with Haryana govt to strengthen e-commerce linkages for MSMEs

Chandigarh, Feb 12 (KNN) In a bid to strengthen e-commerce linkages for MSMEs in Haryana, Power2SME has signed a Memorandum of Understanding (MoU) with Haryana government.

The MoU was signed between Sudha Sarin, Senior Vice President, Power2SME Pvt Ltd, and Vikas Gupta, IAS, Director General, Directorate of MSME, Haryana in the presence of Deputy Chief Minister, Dushyant Chautala.

The MoU envisages focused conversations on digital enablement, empowerment & enhanced market access for MSMEs of Haryana. As per this initiative, Power2SME will conduct SME Transformation Camps across various districts of Haryana under the aegis of the Directorate of MSME, Haryana.

Power2SME will also facilitate the onboarding of regional MSMEs on its digital portal SMEShops.com through these transformation camps.

"The strategic collaboration will help MSMEs, artisans in remote parts of the state, to overcome challenges restricting their access to domestic and international markets. This will not only give a boost to sales of existing entrepreneurs but also create unprecedented opportunities for new entrepreneurs. Through this initiative, we are aiming at significantly enhancing the visibility of indigenous and specialized products from the state, be it industrial products, or traditional handicraft products, and further strengthening 'Brand Haryana'," said Chautala.

Speaking about the MoU, R Narayan, Founder and CEO, Power2SME, President FICCI CMSME said, "Haryana has always provided a hotbed of opportunity to the entrepreneurial sector of the state. This MoU aims to seal the deal between Make in India & Digital India to provide further impetus to the sector and produce exemplary results to boost employment and economic contribution from the MSME sector."

"Haryana has several key industries such as automotive, agro and food processing industry, textiles, engineering, etc. with a significant presence of MSMEs. The state government is focused on promoting MSME development, and believe that this initiative will ensure market and geographical expansion for the MSMEs of Haryana," said Vijayendra Kumar, IAS, Principal Secretary, Industries & Commerce Haryana government.

"Advancement and holistic growth of our MSMEs is a key focus area for the Directorate of MSME as it provides a huge lever to the economic and social development of the state. This MoU will help our MSMEs transcend geographic boundaries and reach out to newer markets. We look forward to creating an impact and generating larger market opportunities for our MSMEs," emphasised Vikas Gupta, IAS, DG, MSME.

Committed to empowering SMEs by increasing their profits, Power2SME focuses on reducing purchase prices for SMEs and enhancing productivity. It enables SME clients to focus on their core business of driving growth and expansion, while taking on the role of sourcing input raw materials at the most competitive price points across multiple products in categories such as Metal, Commodity Polymer, Engineering Polymer, Chemicals, Paints, Solar, Yarn etc.

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